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Matan Companies Purchases 2nd 10-acre Industrial Site in Dulles, Virginia

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Plans for 292,000 Square Feet of Spec Warehouse

WASHINGTON, DC. November 2, 2017 – Matan Companies has purchased a second 10-acre industrial site on Maries Road in Dulles, Virginia expanding the development of their new Class A industrial complex called Dulles North Industrial Park. The Frederick based developer is currently tilting walls on its first 154,125-square-foot Class A spec industrial building that will deliver in April 2018. Matan will commence construction on the second spec building totaling 138,500 in April delivering in December 2018. Both buildings will feature 30’ clear ceiling heights, ESFR sprinklers, large truck courts, and a neutral palate façade with stone accents.

Located along the northern edge of the Dulles Corridor, Dulles North Industrial Park has excellent proximity to key residential and mixed-use developments such as Dulles Town Center, Commonwealth Center, One Loudoun and Ashburn.

John Dettleff and Dan Costs of JLL will assist Matan in the leasing efforts for both buildings. “In addition to Dulles North Industrial Park’s industrial viability, interest from data centers has been very high,” said John Dettleff, Senior Vice President at JLL.  “The park can accommodate their power needs, sits on top of seven unique fiber lines, and it is adjacent to four data centers, including Cyrus One and Digital Realty Trust.”

About Matan Companies

Matan Companies, headquartered in Suburban Maryland, is one of the region’s premier commercial real estate services and development firms. Founded over 35 years ago on the principle of providing a comprehensive, full service approach, the firm’s current portfolio consists of over 6 million square feet of office/industrial assets, 3 million square feet in the development pipeline, several active residential developments, and a separate portfolio of multifamily units. The company delivers a full range of services to their real estate investors and tenants including asset and property management, leasing, and tenant services. For more information, visit www.mataninc.com